Sustainability Reports Smiths Group reports 15% year-on-year reduction in GHG emissions The firm aims to have 25% of its suppliers by spend commit to science-based targets by 2027. Melodie Michel 14 October 2024
Sustainability Reports Yum! Brandsâ âunstoppable growthâ strategy is hindering its climate performance The KFC, Taco Bell and Pizza hut owner saw Scope 2 (market-based) emissions ump 150% last year. Melodie Michel 09 October 2024
Climate disclosures Restating sustainability metrics is on the rise â here's how to hold up to scrutiny Almost half of FTSE 100 companies restated climate and sustainability metrics this year. Rachel Willcox 09 September 2024
Plastic Pollution Morgan Stanley drops 2030 pledge to cut plastic pollution The bank removed all mentions of its Plastic Waste Resolution from its latest ESG report. Melodie Michel 06 September 2024
Transition Finance Wells Fargo begins developing transition finance framework Banks could generate US$44 billion of extra revenue annually through 2030 by financing the climate transition. Melodie Michel 03 September 2024
Supply chains Shein strengthens supplier termination policy after uncovering cases of child labour The e-commerce giant now immediately terminates suppliers that commit severe violations of its ethics code. Melodie Michel 27 August 2024
Policy & Standards US firms not waiting for new deadline to prepare for California climate laws 41% of companies have a dedicated team âthoroughly investigating relevant laws and building internal competenciesâ. Melodie Michel 22 August 2024
Climate disclosures CDP offers deadline extension amid technical issues with new reporting platform The organisation says its new tech platform has caused âunforeseen challengesâ. Melodie Michel 21 August 2024
Policy & Standards FASB: No specific project to integrate SEC climate disclosures in accounting principles âWe do one thing and one thing only, financial accounting and reporting standards.â Melodie Michel 19 August 2024
Climate Targets Nissan announces 2030 vehicle carbon intensity reduction targets Manufacturing emissions stood at 0.48 tonnes of CO2 per vehicle in 2023 â just 0.5% lower than in 2018. Melodie Michel 31 July 2024